EV charging solution provider ChargeGuru has announced its merger with Zeplug, an operator of charging infrastructures in apartment and office buildings, to strengthen its position and create one of Europe’s largest EV charging providers with a focus on UK-wide expansion.
ChargeGuru's new Zeplug offering is designed to meet the growing demand for EV charging services with a solution specifically designed for apartment and office buildings. This innovative model, which includes financing of the shared charging infrastructure, as well as an end-to-end installation and maintenance service, has already been adopted by 15,000 buildings in France. This all-inclusive approach makes it easy for building owners, managers, and residents to make the switch to an electric vehicle.
As the UK gears up for the newly revised 2035 all-electric deadline, ChargeGuru UK’s managing director, Denis Watling, believes the new offering ensures that people who live in apartment buildings won’t get ‘left behind’ on the electrification journey.
“Until now, the focus for home charging in the UK has been on those who live in a semi-detached or detached house, with a driveway. However, with roughly 22% of the population living in apartments, that’s over five million UK households who don’t currently have access to a transparent, hassle-free option for charging an EV privately at home. The launch of ChargeGuru’s Zeplug solution changes that completely, and perfectly aligns with our mission to make EV charging simple, for everyone.”
To accelerate its growth in the UK and seven other European countries, the Group will use the €240m raised by Zeplug in 2022 from the infrastructure fund ICG (Intermediate Capital Group). The ambition is to install more than 100,000 charge points in Europe by 2025. The merger will also strengthen the existing partnerships with more than 20 carmakers across Europe including Volkswagen Group, Tesla, BMW, Ford, and Volvo.